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Marketplace Report for Thursday, August 14, 2008

Episode Description 
Marketplace Report for Thursday, August 14, 2008

Euro zone, we feel your pain

Until now, Europe has escaped the economic problems troubling the United States. But there it was: news today that Germany, France and Italy had terrible second quarters. Stephen Beard reports on what happened.
Posted In: Economy

Why oil prices soar and dip

Oil is an especially volatile commodity this year. First it soared to record prices, now it's going the other way. Host Kai Ryssdal asks an oil expert to help sort this out. You might be surprised by this expert's prediction.
Posted In: Oil

Buchholz: Listen up, Detroit

You know the saying, Don't put all your eggs in one basket. Apparently Detroit auto makers haven't heard it. Commentator Todd Buchholz says big cars turned out to be just like the dot-com craze. A bubble. And it burst.
Posted In: Jobs

Truth-testing Obama's tax plan

Barack Obama unveiled new details about his tax-cut plan today. It includes the tax cuts -- and who will pay for them. Jeremy Hobson looked at the math to see if Obama's numbers hold up.
Posted In: Taxes

Inflation hits 17-year high

The July Consumer Price Index rose more than expected, as the average weekly earnings fell in the same month. But how does that mesh with plummeting home prices? Mitchell Hartman reports.
Posted In: Economy, Food, Housing, Oil, Retail

Music from this show

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Dial M for Monkey
Keep It Like a Secret
Bricolage